We’re looking for a pragmatic, organised and passionate Regulatory Affairs Adviser to strengthen our growing Regulatory Affairs team.
The Regulatory Affairs team is responsible for maintaining and developing transparent relationships with our regulators, looking after our licensing permissions, keeping abreast of regulatory developments and helping teams to implement regulatory change. As Regulatory Affairs Adviser, you’ll support and strengthen the team’s regulatory relationships and help shape our vision and strategy for managing these relationships as Monzo continues to grow.
We are on a mission to Make Money Work for Everyone and we’re growing with over 2 million customers (at publishing this post!) and releasing new products and initiatives all the time. For Regulatory Affairs, this means keeping up with the pace of change, keeping our regulators informed and helping Monzo to navigate the regulatory landscape.
We operate a “three lines of defence” model of risk management at Monzo. You’ll be sitting in the second line as part of our Risk and Compliance team and will report to the Regulatory Affairs Manager.
You'll spend your time:
- Communicating clearly with the regulators and the business including distilling complex information into smaller, digestible chunks
- Keeping our regulators up to date with new products and initiatives
- Working with the wider Risk and Compliance team to share communications during an incident
- Preparing management reports and Management Information
- Delivering training and updates to the product teams, and wider business on regulatory requirements and changes
- Building great processes and documentation for the team
- Being a champion of risk and compliance across the business
- Other ad hoc tasks as required to support the team
You should apply if:
- You have previously worked in compliance or risk at a regulated financial services firm or a Fintech; or at a regulator or similar body
- You have knowledge of how banks are supervised and how regulatory relations teams work
- You like writing communications and delivering succinct messages in person
- You are a critical thinker challenging “why has it always been done that way”
- You are self-motivated, highly organised and focused on executing well
- You are able to work independently and with changing priorities
- You are able to build strong, mutually respectful relationships with diverse teams
- You have a genuine interest in the regulated financial services environment and how it is changing
The application process consists of a short phone interview, followed by a practical written exercise with a follow up call, and a couple of on-site interviews at our office in London.